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Milton sell Sandown Industrial Estate, Esher

On the 8th of December 2017 Milton completed the sale of Sandown Industrial Estate in Esher to Elmbridge Council reflecting a net initial yield of 3.67%.

Oliver Sylge  Director at The Milton Group commented “We acquired this property in 2013 along with three other multi-let industrial estates and a food production facility at a portfolio net yield of 8.3 %. This sale comes on the back of a great deal of asset management since including multiple lettings, renewals and estate refurbishment.   It’s rewarding to be able to sell this investment in a considerably improved condition, fully let to good tenants.

Click here for more information on the sale

 

 

Milton buy single-let warehouse in Mitcham

Milton have acquired the Virtual Freehold interest in a single let warehouse in Mitcham.

The unit totals over 10,000 sq. ft and is well located on a busy commercial estate.

Tim Baker, Director at The Milton Group stated “This is a local market we know well and continue to seek new opportunities in.  There is little or no development in the area and we are keen to acquire similar properties either vacant or income producing throughout London and the South East.”

Milton were advised by Gerry Connolly at Cogent.

 

Milton buy two industrial properties in Aylesbury

Milton have acquired the Freehold interest in two prominent industrial properties in Aylesbury on a site totalling 0.59 acres.

The two semi-detached units, occupied by HSS Hire and Formula One Autocentre, front onto Bicester Road, one of the main thorough fairs into Aylesbury.

Mark Douglas, Asset Manager at The Milton Group stated “These well let and good quality properties will provide a strong income stream adding to the existing portfolio. We were delighted that with the help of our agent, Lewis Ellis, we were able to acquire this property off market in what is currently a very competitive real estate investment market.”

Milton were advised by Matthew Brown at Lewis Ellis.

 

Recent News

To Let – Unit 1 Priestley Way, Walthamstow

To Let – Cannon Street, London EC4

Milton sell Sandown Industrial Estate, Esher

Milton buy single-let warehouse in Mitcham

Milton buy two industrial properties in Aylesbury